This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.

Insect growth regulators are substances which inhibit the growth and development of insects. It is used to break the life-cycle of pest insects by stopping the pests reaching maturity stage and further preventing them to reproduce. Insects develops resistance to insecticides and hence farmer uses broad spectrum insecticides which would eventually loss resistance. Therefore, famers are preferring insect growth regulators as an alternative to board spectrum insecticides. Furthermore, insect growth regulators are more selective and less harmful to the environment.

Increasing pest population is a major factor expected to drive growth of global insect growth regulators market over the forecast period. Furthermore, increasing awareness regarding the harmful effects of insecticides on environment and growing adoption of environmentally safe crop protection products is other factor expected to drive growth of the global insect growth regulators market over the forecast period. Increasing preference of farmers towards organic farming owing to the growing demand for organic food product is other factor expected to support growth of global insect growth regulators market over the forecast period.

Manufacturing companies operating in the target market can focus on selling the product in emerging economies in Africa and Asia Pacific region which can create lucrative opportunities for existing as well as new players operating in the global insect growth regulators market over the forecast period.

North America market dominates the global insect growth regulators market in terms of revenue contribution as compared to that of markets in other regions. This attributed to the high adoption of safe pesticide and rising demand for organic food in the region. Europe accounts for second largest revenue share contribution to the global insect growth regulators market, followed by markets in the Asia Pacific, Latin America, and the Middle East & Africa respectively. The market in the Asia Pacific is projected to register comparatively faster growth in terms of revenue over the next 10 years. Increasing demand of organic food especially in China and India is expected to drive growth of the market in the region over the forecast period.

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